2024 401k Contribution Limit Over 55

2024 401k Contribution Limit Over 55. Current 401 (k) contribution limits. Find out how much you can contribute to your 401 (k) or ira in 2024 and compare the tax benefits of each account.

In 2024, employees can contribute up to $23,000 to their plans. Learn how the irs 401k 2025 contribution limit is projected to increase by $1,000 for elective deferrals and $2,000 for total contributions.